NOC to End Import Quota Imposed on LPG

Nepal Oil Corporation (NOC) is preparing to end the quota system being imposed on liquefied petroleum gas (LPG) bottlers while importing the cooking gas from the Indian Oil Corporation (IOC). With IOC assuring to supply LPG as per the domestic demand from different refineries, NOC will soon end such quota system for bottlers, according to NOC. Currently, NOC issues Product Delivery Order (PDO) certificate to 55 LPG industries operating in the country by fixing the LPG quota on the basis of capacity of individual bottler and the number of their LPG cylinders that are circulated in the market. However, NOC believes that such quota would be irrelevant now as IOC is supplying the cooking gas as per demand. "IOC has vowed to supply LPG as per our demand. In this context, we are preparing to allow bottlers to import as much LPG as they can by cancelling the import quota," said Gopal Khadka, Managing Director of NOC. According to him, ending the quota restriction would not only increase the flow of LPG in the domestic market, but would also put an end to the allegations against NOC that it doesn‘t fix the LPG import quota as per the capacity of the bottlers.